Sally Owns a Small Business That She Operates in a Small

question 31

Multiple Choice

Sally owns a small business that she operates in a small building she owns.Given the information in Exhibit 7­1, Sally's economic profit is

• A)$80,000
• B)$50,000
• C)$65,000
• D)$35,000
• E)$24,000

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Definitions:

Biceps Femoris

A muscle of the thigh located at the back of the leg, part of the hamstrings group, involved in knee flexion and thigh extension.

Gastrocnemius

A major muscle located in the back part of the lower leg that helps in bending the knee and pushing the foot down, such as when walking or jumping.

Tibialis Anterior

A muscle in the lower leg that dorsiflexes and inverts the foot.

Calcaneal Tendon

Common tendon of the gastrocnemius, soleus, and plantaris muscle that attaches to the calcaneus; also called Achilles tendon.